{"id":7621,"date":"2018-12-11T16:48:32","date_gmt":"2018-12-11T15:48:32","guid":{"rendered":"https:\/\/paranoid-internet.fex9ev3q-liquidwebsites.com\/?p=7621"},"modified":"2019-08-08T14:38:11","modified_gmt":"2019-08-08T12:38:11","slug":"why-invest-blockchain-technology-when-the-market-is-down","status":"publish","type":"post","link":"https:\/\/paranoid-internet.de\/en\/why-invest-blockchain-technology-when-the-market-is-down\/","title":{"rendered":"Why invest in blockchain technology when the market is down? And the real QUESTIONS you should be asking"},"content":{"rendered":"\n

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This has been rumbling around the crypto market for about the past month as the market took a substantial dip. While HODLers keep HODLing some crypto newbies seem like they are about ready to cut their losses and jump ship.
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There are a couple aspects of this question that are found inherently irksome. So instead of answering it, here are 2 questions that people should actually be asking. Take a look below.<\/p>\n\n\n\n

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Why are people only looking at blockchain technology as a short term<\/g> cash out investment?
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Of course, one can invest in technology but in doing so they are supporting its expansion, growth,\u00a0and adoption. Because blockchain is so intertwined with crypto, a literal currency, the vast possibilities for its application have been overshadowed.<\/font><\/font><\/font><\/font>
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For crypto newbies out there, blockchain technology is the standardized ledger system that was created so that Bitcoin could be anonymous, transparent, and decentralized. <\/p>\n\n\n\n

That being said the possible applications for the technology go far beyond a currency. For example, a blockchain platform can be used to create trust and transparency between businesses through the use of smart contracts. Or as a ledger system<\/g> it can be used to store data or hold proof of ownership of a virtual asset like crypto kitties<\/a>.\u00a0<\/p>\n\n\n\n

So even when the market is down for Bitcoin and Ethereum does that mean blockchain technology or blockchain projects lose their value as well? No, of course not.
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Why does anyone not want to invest when the market is down?<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font>
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This is a simple investment principle. Ideally, when someone sets out to invest,\u00a0 they would like to buy at a low point. If they wish to turn a profit on their investment, they would then try to sell at a high point. However, humans beings do not always work in a simple logical way. People are often quick to be caught up with trends, hype, or panic. Which is not a very wise way to handle investments fiat, crypto or otherwise.<\/p>\n\n\n\n

So of course the true believers do not support crypto currencies but support the adoption of this new technology. <\/font><\/font><\/p>\n\n\n\n

Market Today:<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/h2>\n\n\n\n
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In case someone reading is worried about the market, above is a live recording of the bitcoin <\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font>\u00a0transactions<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/a> \u00a0on Tuesday, December 11 around the course of about 2 seconds ….<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n\n\n\n

Crypto newbie? Click on some of our articles on crypto basics. For example,\u00a0\u00a0<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font>click here<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/a> to find out what a crypto wallet is.\u00a0<\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

This has been rumbling around the crypto market for about the past month as the market took a substantial dip. While HODLers keep HODLing some crypto newbies seem like they are about ready to cut their losses and jump ship. There are a couple aspects of this question that are found inherently irksome. So instead …<\/p>\n

Why invest in blockchain technology when the market is down? And the real QUESTIONS you should be asking<\/span> Read More \u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":7626,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"","footnotes":""},"categories":[72],"tags":[],"_links":{"self":[{"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/posts\/7621"}],"collection":[{"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/comments?post=7621"}],"version-history":[{"count":0,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/posts\/7621\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/media\/7626"}],"wp:attachment":[{"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/media?parent=7621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/categories?post=7621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paranoid-internet.de\/en\/wp-json\/wp\/v2\/tags?post=7621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}